Ethic Crosses $1.5 Billion: A Retrospective
Tuesday, November 23, 2021
Tuesday, November 23, 2021
Interviews with interesting people about their sustainability journey
Ethic Crosses $1.5 Billion: A Retrospective

We founded Ethic in 2015 to help accelerate the transition to sustainable investing and combine our respective skill sets for positive impact. Earlier this year, Ethic surpassed $1 billion in assets—a major milestone in our efforts to foster a world where all investing is sustainable investing.

More recently, just a few months after this landmark moment, we crossed $1.5 billion in assets. 

To us, these numbers tell a bigger story. They are a validation of our ongoing work to help influence more positive corporate behaviors and ultimately strive towards a more sustainable and inclusive economy that works for the many—not just the few. It’s ever more clear that these efforts are resonating. People are increasingly motivated to use their portfolios, professions and pocketbooks to drive better outcomes for society and the environment, and we’re thrilled to have so many of these compassionate change-makers in our community.

What it means to us: 

With this latest milestone, we’re one small step closer to creating a more sustainable world for future generations. As with any meaningful endeavor, it takes a village—and we’re fortunate to have a mission-driven team unified by a relentless commitment to making a difference. Allow some of these valued team members to explain what this milestone means to them and what drives them to create impact every day: 

What motivates you to work at Ethic each day?

100% without a doubt it is the people that I am lucky enough to partner with. In particular, I’ve loved the personal and professional growth journeys that I’ve experienced and also witnessed in others during my time here—we truly do push each other and ourselves to be better “work people” and “people people.” — Kelly Mahoney, Growth

What makes Ethic different from other places that you've worked?

Ethic isn’t just a place for work, it truly feels like a family to me.  Everyone working together towards a common goal, selflessly helping each other, knowing you are always being appreciated—and everyone is an integral part of the company. You just don't see that elsewhere. — Michelle Sze, Engineering

What's next for your team?

Continuing to power personalization at scale! We want to help clients become even more informed and involved in their sustainability and financial decisions. Using elegant technology and thoughtful portfolio management, we can surface unique insights to clients and new ways to provide transparency throughout their investment journey. — Alex Papageorgis, Quantitative Investments

What it means for our clients:  

In aggregate, clients’ carbon dioxide ownership has been reduced by 76,385 metric tons (compared to an equivalent investment in our clients' benchmark indexes) (1). This amount of carbon dioxide emissions is equivalent to that generated by: 

  • 8,595,139 gallons of gasoline consumption ⛽️ or
  • 191,970,619 miles driven by an average passenger vehicle 🚗 or
  • 13,875 homes’ electricity usage for the year ⚡️(2)

Of course, our work is only just getting started. The world is facing concurrent social and environmental crises that can only be solved via bold, large-scale collaboration. This is in small part a celebration of what we’ve accomplished to date, but more a call to action: are you willing to join us in our fight for a better future?

Check out our careers page to learn more about how you can be a part of a company with a relentless commitment to making a difference.

Sources and footnotes

1. As of 11/3/2021

2. Equivalencies from United States Environmental Protection Agency. (2021, Nov 23). Greenhouse Gas Equivalencies Calculator. US EPA. https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator

Contributors

Emma Smith, a native of the UK, oversees communications at Ethic. Throughout her career to date, she has managed the communications initiatives of major financial services clients at various NYC-based public relations agencies.

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